Top Money Tips: Scary Credit Card Tales and Smart Retirement Strategies

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When it comes to personal finance, we know you love the tips but don’t always have the time to read them all. So, we’re going to do the work for you! We’ve scoured the Web to bring you this week’s top five articles that affect your wallet:

Scary Credit Card Tales (SavingsAccounts.com)

Credit card mishaps can be very scary indeed! Check out this festive slideshow of frightening personal tales of credit card tribulations.

4 Strategies to Avoid Having to Work until You Die (Wallet Pop)

This article gets to the crux of how many of us think about retirement: simply wanting to figure out a way to not have to work forever. Wallet Pop offers four practical ideas that will help ensure you can retire before you kick the bucket.

Don’t Let Costly Auto Repair Estimates Get You Down (The Digerati Life)

We’ve all been there – you drop your car off at the mechanic for what you think is a minor issue. No biggie – shouldn’t be more than a couple hundred bucks. But then the dreaded call – your minor repair will actually set you back $1,400. Yikes! The Digerati Life gives solutions for this common car “fix.”

If a rainy day has caused you to consider raiding your 401(k), make sure you understand the consequences first. Withdrawing from your 401(k) before you’re 59 1/2 years old comes with stiff fees and penalties. Certified Financial Planner Jeff Rose covers ways to make early withdrawals and the penalties that come with them.

How Shopping Can Actually Save You Money  (Moolanomy)

When you think about shopping, it’s spending money that comes to mind, not saving. Well, not for Mark Riddix. He provides a few examples of when shopping can actually keep your hard-earned cash in your wallet.

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